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Technology Stocks
Square, Inc. (SQ)
An SI Board Since June 2019
Posts SubjectMarks Bans Symbol
63 18 0 SQ
Emcee:  AmigaComputer Type:  Unmoderated
Square (stock symbol: SQ) completed its initial public offering on November 19, 2015 on the New York Stock Exchange where it raised gross proceeds of $243 million.

Square is distinctively recognized by their ubiquitous credit card readers that plug directly into mobile phones and tablet devices. They started out as a payment processor platform helping to bridge the gap for non-cash payments at small and medium sized brick-and-mortar retailers so these shops could better compete with larger stores as consumer spending methods continue to shift away from cash.

They have expanded beyond their core non-cash payment origins to host a growing portfolio of banking and other services, which include e-commerce, developing a consumer cash transfer app (Square Cash), built a payroll management cloud-based software service, and launched a lending business.

In 2018, their revenue grew 50% to $3.3 billion. And they also have over $1 billion in cash on hand.

Their well-laid groundwork seems poised for tremendous growth in the coming years as their nascent businesses scale across multiple verticals. Interestingly, many of these verticals have very high margins, which could translate to significant profit growth in the long term.

In other words, Square seems poised to become a very important disruptive player in the financial services markets.

After reading and analyzing related stock market news about them, there are still some concerns, such as, Square's current price-to-sales ratio being presently at 7. Compare that to the S&P 500, which is presently at 2. Relative to other financial-tech firms, however, Square does appear to be financially in line with these others (e.g., Visa and Mastercard are both at 16 of sales).

This board has been created for the purpose of discussing Square’s stock price, future financial prospects, present day results, and the overall merits to its business model within the constantly evolving, very competitive landscape of the fintech industry.

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63Block Has Assembled the Right Pieces Shares of the firm behind Square and Cash Glenn Petersen-May 31
62Block Needs to Keep Stacking on Solid Foundation Shares of the fintech company Glenn Petersen1May 7
61SQ has lost more than 60% of its value from November last year. I was really peinspbudget-February 26
60Cash App Is King for Block Stock A reacceleration of growth in the payments andGlenn Petersen-February 25
59Square Changes Name to Block, Days After CEO Jack Dorsey Leaves Twitter New namSr K-12/2/2021
58Jack Dorsey’s Square changes corporate name to Block PUBLISHED WED, DEC 1 2021Glenn Petersen112/1/2021
57Square Releases White Paper for Decentralized Bitcoin Exchange Sure, you can buGlenn Petersen-11/21/2021
56Amazon Is Doing It. So Is Walmart. Why Retail Loves ‘Buy Now, Pay Later.’ RetaiSr K-9/16/2021
55I'm not a fan of Jack Dorsey, but I am bullish on both SQ and TWTR. More soJ.F. Sebastian-8/9/2021
54Incredibly bullish on SQ as they start to embrace crypto currencies and build thquantinvestor-8/9/2021
53SQ acquiring Afterpay, for $29B wsj.com Article not out yet More later SquarSr K18/1/2021
52Meet the Inner Circle of Square CFO Amrita Ahuja An all-star panel of advisers Sr K-7/24/2021
51look out below !Da Rookie-3/21/2021
50is uptrend intact or at resistance $235 [graphic]2hugo-3/10/2021
49I knew her from Square, but not that about her prior steps. Where Nextdoor’s CESr K-2/27/2021
48Doh ! Not Dough ! Square also announced today that it has purchased approximateDa Rookie-2/23/2021
47And what will one year on bring us ?Da Rookie-2/20/2021
46Double in 6 mo :)Da Rookie-1/14/2021
45Thinking share price being tied to closely to bitcoin, though its made great monDa Rookie-1/11/2021
44Square Capital Chief ResigningDa Rookie-10/5/2020
43Smart move. I think you'll get your wish in the next couple of months. Can&J.F. Sebastian-9/28/2020
42Yes, I regret I sold it around $90 ages ago. Right now, I'm selling cash sinspbudget-9/28/2020
41I think it's more like not too many interested in Silicon Investor these dayJ.F. Sebastian-9/28/2020
40Quiet board. Guess not too many interested in SQ, even at close to ATH of $154inspbudget-9/28/2020
39ATH, high of $105.46.Sr K-6/22/2020
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